Rental market snapshot for Novi, Michigan
Novi, Michigan Rental Property Market Overview
Novi, Michigan is a vibrant city located in Oakland County. As of 2021, the US Census estimates that the population of Novi is 66,560. Novi is a great place to live, work, and play, offering a variety of amenities and attractions. The city is home to a variety of restaurants, shopping centers, parks, and recreational activities. Novi is also home to several major employers, making it a great place to find employment. With its diverse population and wide range of activities, Novi is a great place to call home. (Source: US Census, 2021)
The average rent for an apartment in Novi is $2,074. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated March 25, 2024
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
Average monthly rent graph in Novi Michigan | Cost of Living
- The most expensive ZIP code in Novi is 48375 with an average price of $1,990.
- The cheapest ZIP code in Novi is 48377 with an average price of $1,872.
Novi ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 48375 | $1,990 |
| 2 | 48377 | $1,872 |
Live near Novi, Michigan's Top Sights and Attractions
Orchard Hills West is a sprawling park located in Novi, Michigan. It features a variety of outdoor activities, including walking trails, a playground, and a disc golf course. The park also has a picnic area and a pond, which is home to a variety of wildlife. The park is a great place to spend a day outdoors, whether it's to take a leisurely stroll or to get some exercise.
Maybury State Park is a 988-acre park located in the suburbs of Michigan. It features a variety of outdoor activities, including hiking, biking, fishing, and horseback riding. The park also has a large lake, which is popular for swimming and boating. There are also picnic areas, playgrounds, and a nature center. The park is also home to a variety of wildlife, including deer, foxes, and birds.
Lakeshore Park is a beautiful outdoor destination located in Novi, Michigan. It features a large lake with a beach, a playground, picnic areas, walking trails, and a fishing pier. The park also has a pavilion, a gazebo, and a band shell, making it a great spot for outdoor concerts and events. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy a variety of activities such as kayaking, canoeing, and paddle boating.
Ella Mae Power Park is a large outdoor recreation area located in Novi, Michigan. It features a variety of activities for all ages, including a playground, walking trails, picnic areas, a fishing pond, and a disc golf course. The park also has a large open field, perfect for playing sports or flying kites. The park is well-maintained and provides a peaceful and relaxing atmosphere for visitors.
Pavilion Shore Park is a beautiful outdoor attraction located in Novi, Michigan. It features a large lake with a beach, a playground, and plenty of picnic areas. There are also walking trails, a boardwalk, and a fishing pier. The park also has a pavilion with a stage, which is used for concerts and other events. The park is a great place to spend the day with family and friends, and is a popular spot for swimming, fishing, and other outdoor activities.
Msu Tollgate Farm is a unique educational and recreational destination located in Novi, Michigan. It features a variety of activities and attractions, including a working farm, a nature center, a children's garden, a farmers market, and a variety of educational programs. Visitors can explore the farm's many trails, take a hayride, or learn about sustainable farming practices. The farm also hosts a variety of special events throughout the year, including a corn maze, a pumpkin patch, and a harvest festival.
Civic Center is a large outdoor park located in Novi, Michigan. It features a variety of attractions, including a large pond, walking trails, a playground, and a skate park. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movies. There are also picnic areas and pavilions available for rent.
Wildlife Woods Park is a nature-filled attraction located in Novi, Michigan. It features a variety of outdoor activities, including hiking trails, fishing, and bird watching. The park also has a playground, picnic area, and a pond for canoeing and kayaking. Wildlife Woods Park is a great place to explore the outdoors and observe the local wildlife.
Fuerst Park is a large outdoor recreational area located in Novi, Michigan. It features a variety of activities for visitors to enjoy, including a playground, walking trails, a pond, and a picnic area. The park also has a large open field, perfect for sports and other outdoor activities. There are also several pavilions and gazebos available for rent, making it a great spot for family gatherings and special events.
Meadowbrook Corporate Park is a sprawling outdoor complex featuring lush green spaces, walking trails, and a tranquil lake. The park is home to a variety of wildlife, including ducks, geese, and other birds. There are also several picnic areas, a playground, and a pavilion. The park is a great place to relax and enjoy nature, as well as a popular spot for corporate events and team-building activities.
Novi, Michigan area median rent change by ZIP code map
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
How does Novi compare to other cities in Michigan?
| city | median price |
|---|---|
| Ann Arbor | $2,040 |
| Whitmore Lake | $1,510 |
| Auburn Hills | $1,397 |
| Mount Clemens | $1,045 |
| Hamtramck | $1,000 |
| Battle Creek | $960 |
| Bay City | $800 |
Average household income in Novi area graph - US Census
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
The median household income in Novi in 2021 was $100,311. This represents a 27.9% change from 2011 when the median was $78,430.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 1.9% |
| 1 | $10,000 to $14,999 | 1.6% |
| 2 | $15,000 to $19,999 | 1.2% |
| 3 | $20,000 to $24,999 | 3.1% |
| 4 | $25,000 to $29,999 | 3.1% |
| 5 | $30,000 to $34,999 | 4.1% |
| 6 | $35,000 to $39,999 | 3.1% |
| 7 | $40,000 to $44,999 | 3.2% |
| 8 | $45,000 to $49,999 | 3.1% |
| 9 | $50,000 to $59,999 | 5.1% |
| 10 | $60,000 to $74,999 | 9.8% |
| 11 | $75,000 to $99,999 | 13.3% |
| 12 | $100,000 to $124,999 | 11.3% |
| 13 | $125,000 to $149,999 | 9.1% |
| 14 | $150,000 to $199,999 | 10.5% |
| 15 | $200,000 or more | 16.6% |
Neighborhoods in Novi
We currently do not have this data but we are working to add this soon.
